Wizz Air Holdings Plc (LON:WIZZ - Get Free Report)'s stock price dropped 27.7% during trading on Thursday . The company traded as low as GBX 1,195 ($16.17) and last traded at GBX 1,209.48 ($16.36). Approximately 6,614,458 shares were traded during trading, an increase of 521% from the average daily volume of 1,065,937 shares. The stock had previously closed at GBX 1,674 ($22.65).
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada raised their target price on shares of Wizz Air from GBX 2,300 ($31.11) to GBX 2,400 ($32.47) and gave the stock an "outperform" rating in a research report on Friday, March 28th.
Check Out Our Latest Stock Report on WIZZ
Wizz Air Trading Down 1.4%
The firm has a market capitalization of £1.46 billion, a PE ratio of 4.96, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The stock's 50-day moving average price is GBX 1,554.02 and its 200 day moving average price is GBX 1,499.09. The company has a debt-to-equity ratio of 1,582.50, a current ratio of 0.98 and a quick ratio of 0.82.
Insider Transactions at Wizz Air
In other Wizz Air news, insider Andrew S. Broderick acquired 595 shares of the company's stock in a transaction dated Monday, April 14th. The shares were purchased at an average cost of GBX 1,414 ($19.13) per share, for a total transaction of £8,413.30 ($11,381.63). Corporate insiders own 25.73% of the company's stock.
Wizz Air Company Profile
(
Get Free Report)
Wizz Air, one of the most sustainable European airlines, operates a fleet of over 220 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.
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